Tokuyama Co. (OTCMKTS:TKYMF – Get Free Report) was the target of a large decrease in short interest in the month of August. As of August 14th, there was short interest totaling 203,210 shares, a decrease of 40.0% from the July 30th total of 338,485 shares. Based on an average daily volume of 500 shares, the days-to-cover ratio is presently 406.4 days.
Tokuyama Stock Performance
Shares of TKYMF opened at $26.41 on Tuesday. Tokuyama has a 12-month low of $21.85 and a 12-month high of $26.41. The company’s 50-day moving average price is $23.13 and its 200 day moving average price is $20.16.
About Tokuyama
Tokuyama Corporation is a diversified Japanese chemical company headquartered in Shunan, Yamaguchi Prefecture. Founded in 1918, the company has evolved from its origins in cement manufacturing to become a global supplier of a broad range of industrial chemicals and materials. Tokuyama operates through multiple business segments, leveraging more than a century of experience to serve key markets in Asia, the Americas and Europe.
In its core Chemicals segment, Tokuyama produces soda ash, caustic soda and other basic inorganics that serve glass, detergent and water‐treatment industries.
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